China to rival India |
The first major consignment of goods worth $2.8 million has left the Chinese border for Nepali capital of Kathmandu. This is the biggest goods movement between thetwo countries since 2005 when China built what it calls the Friendship Highway to link towns on two sides across difficult mountain terrain. The move, which involves transporting goods of daily use, electronic and electrical appliances, will severely hit Indian businesses which had unfettered access to the Nepali market for decades. Dozens of trucks set off from the Tibetan border port of Gyirong for Kathmandu, which is 860 km away Thus, Kathmandu is reduc ing Nepal`s dependence on India for the supply of goods and services like energy and telecommunication since early this year.
|
|
|
|